Tuesday 7 November 2017

SENSEX OPENS HIGHER, NIFTY ABOVE 10,350 | TODAY STOCK MARKET NEWS OUTLOOK 08 NOV 2017.



NIFTY TIPS 
Equity benchmarks opened mildly higher amid consolidation after sharp fall seen in previous session. Investors will closely watch crude oil price movement and corporate earnings.

The 30-share BSE Sensex was up 33.45 points at 33,404.21 and the 50-share NSE Nifty gained 11.90 points at 10,362.10.

The broader markets gained 0.2 percent. About 818 shares advanced against 358 declining shares on the BSE.

Cipla surged 3 percent post better-than-expected earnings.

Lupin was up 1.6 percent on short covering as company said it would try to resolve warning letter early.

Bharti Airtel plunged 4 percent as sources told CNBC-TV18 that three investors will sell stake in company today.
After earnings, DCB Shriram, Polaris Consulting, L&T Technology and Ballarpur Industries gained 3-8 percent while Manappuram Finance, Vinati Organics and Tata Coffee were down 2-4 percent.

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